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On 6/2/2024 12:14 PM, Frank Krygowski wrote:Since your article is behind a paywall, I can't comment on it. But the idea that non-government corporations are somehow terrific is nonsense. LaPierre and cronies enjoyed skimming from the naive NRA membership for over 30 years. I imagine many of his buddies are still at it.On 6/2/2024 10:30 AM, AMuzi wrote:Good example, and much like a notorious prior Cannondale exec's fingers in the company's cookie jar. Lapierre was found liable for "$4,351,231 in restitution" and he's already gone from the organization. Your item's 4 months old BTW; everybody knows this.>>
No public corporation could survive a billion dollar plus fiasco such as complete loss with no results or even activity to show for it.
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https://www.nydailynews.com/2021/12/29/1b-later-and-little-to-show-for-it-nycs-mental-health-initiative-proved-disappointing-we-didnt-do-a-good-job/
Some public corporations have displayed blatant and extreme mismanagement, with top dogs skimming fortunes from underlings. Here's one:
https://www.pbs.org/newshour/politics/national-rifle-association-and-longtime-leader-wayne-lapierre-are-found-liable-in-lawsuit-over-lavish-spending
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(good riddance, too IMHO. He did a lot of good at one time but went off the rails as I see it)
Mr & Mrs Warren Wilhelm (stage name 'Bill DeBlasio') skated with well over a billion dollars on that one escapade alone. No prosecution is imminent or even likely.
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